Staybridge Suites Tomball
10011 Farm to Market 2920, Tomball, TX, 77375
Off-Market
$12,500,000
Price
$997,762
Avg. NOI (2022-2025)
8%
Cap Rate
$132,978
Price Per Key
94
Total Rooms
74.2%
Occupancy
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Next
$12,500,000
Price
$997,762
Avg. NOI (2022-2025)
8%
Cap Rate
$132,978
Price Per Key
94
Total Rooms
74.2%
Occupancy
Staybridge Suites Tomball - Spring Area
10011 FM 2920 Rd, Tomball, TX 77375 94 Keys | IHG / Staybridge Suites | Upscale Extended-Stay | Built 2016 Executive Summary Staybridge Suites Tomball - Spring Area is a 94-key, all-suite, upscale extended-stay hotel located along FM 2920 in the Houston North/Woodlands submarket. The property opened in May 2016 and sits on approximately 2.40 acres with a 65,625 SF, four-story, interior-corridor building. Guestroom features include fully equipped kitchens and multi-room suites, while amenities include a business center, pool, fitness center, public Wi-Fi, smoke-free operation, 336 SF of meeting space, and 112 surface parking spaces. The property operates as a Staybridge Suites franchise under the IHG Hotels & Resorts platform.
This is a confidential, off-market opportunity to acquire a relatively recent-vintage, extended-stay IHG-branded asset in a high-income, growing North Houston/Tomball corridor. The hotel demonstrated strong peak profitability in 2023 and 2024, generating more than $3.0 million in annual revenue and more than $1.1 million of reported income before interest, depreciation, and amortization in 2024. 2025 performance softened materially, creating a potential upside story around occupancy recovery, rate retention, and expense normalization.
FOR MORE DETAILS CONTACT
Rorik Seth
Principal & Managing Broker
(281) 968-5019
rorik@sethequities.com
649869
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